My First Expression Of Future Trading
Assalamu Alaikum friends,
There is no alternative to futures to take crypto trading forward. In 2025, a trader will never be able to sweeten his crypto journey by just doing spot trading or HOLDing. Even if he wants to sweeten it, it will require a lot of perseverance. But, currently 99.99% of traders do not have this perseverance. They want to, they will invest and become rich overnight. But, this is nothing but a dream.
I was introduced to futures trading in 2022. Before that, I started to familiarize myself with crypto in early 2021. Until then, I didn't know what crypto was and how it worked. Then, I started researching crypto and gradually understood how it works.
I had a rough idea of what spot trading was, but I didn't know what futures trading was until then. I just knew that it was a type of trading like spot. But I never tried it. I kept familiarizing myself with spot and it took me another year to understand everything, including candlestick patterns, indicators, news, and fundamentals.
Then in 2022, I first started researching futures trading and at some point, it all started to make sense. Futures trading is basically leverage trading, which involves betting on the direction the price of a coin will move. Those who favor analysis and luck win here.
To win in futures trading, a lot of knowledge, pro talent in market research and finally luck are at work. And the most important thing is to have the courage to know when to leave the market. The trader who can do this well, has the highest win percentage.
However, my experience as an entry in this market was exciting and enjoyable. All my past memories will be like honey. I did not lose from this market. Maybe I won, or I learned. Proper learning can change a person's destiny.
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